California gas prices dropping ... but not as fast as they go up

LOS ANGELES - The average price of a gallon of self-serve regular gasoline in Los Angeles County fell eight-tenths of a cent today to $4.648, the sixth consecutive decline following a seven-day streak of increases.

The average price has dropped 5.7 cents over the past six days, including 1.3 cents on Sunday. Before the downward trend began, the price rose 50.4 cents over the previous seven days to a record high of $4.705, according to figures from the AAA and Oil Price Information Service.

The average price is 5.5 cents less than one week ago, but 30.7 cents more than one month ago and 78.5 cents higher than one year ago.

The Orange County average price fell 1.1 cents today to $4.613, the seventh consecutive decline following a six-day streak of increases.

The Orange County average price has dropped 7.7 cents over the past seven days, including 1.4 cents on Sunday, after rising 51.3 cents over the previous six days to a record high of $4.69.

The Orange County average price is 47.9 cents more than one month ago and 77.1 cents higher than one year ago.